Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Court Blocks Trump Administration’s SNAP Penalties, Letitia James Welcomes Ruling
New York Attorney General Letitia James issued a statement Tuesday after a federal judge blocked efforts by the Trump administration to impose fines on states tied to their Supplemental Nutrition Assistance Program operations. “Our most vulnerable residents rely on SNAP to put food on the table. Despite the federal government’s best efforts to make it more difficult for food assistance to reach those in need, today’s decision ensures New York’s SNAP program can continue running without interrup
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Nelly & Metro Boomin’ Announce St. Lunatics Comeback Album
Nelly and Metro Boomin have plans to reignite St. Louis hip-hop in 2026 with the announcement of a new St. Lunatics album after a 25-year hiatus. At his annual Black and White gala, Nelly said the comeback album will be executive-produced by Metro Boomin, a collaboration bridging generations of Missouri hip-hop. The Country Grammar creator paused the program to address the crowd directly. “It felt like the right moment,” Nelly said. “This city raised us, and it deserves to hear us together ag
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R&B Legend Carl Carlton Dies at 72
Carl Carlton, the Detroit-raised vocalist whose blend of R&B, soul, and funk left an unmistakable mark on music, has died at 72. His son, Carlton Hudgens II, shared the news in a Facebook post on Sunday, Dec. 14th, writing, “RIP Dad, Legend Carl Carlton, singer of ‘She’s a Bad Mama Jama.’ Long hard fight in life, and you will be missed.” Billboard has not yet independently verified the announcement. Born Carlton Hudgens, the singer reportedly suffered a stroke six years ago. Carlton began perf
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Eminem’s ‘Lose Yourself’ Hits No. 1 on a Billboard Chart for the First Time
Eminem changed what was possible with rap music more than 20 years ago when he released “Lose Yourself,” which would go on to become one of his biggest hits and one of the most successful hip-hop tracks of all time. The cut won several Grammys and became the first rap tune to win Best Original Song at the Academy Awards. Ever since, fans throughout the world have continued to consume “Lose Yourself” in huge and consistent numbers, keeping it on multiple Billboard charts week after week. Decade
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